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Articles tagged with: Naguib Sawiris

Orascom Eyeing French Investments

Orascom Telecom Holding's (OTE) is considering joining one of the consortium that are expected to bid for France's fourth 3G license. In an interview with French daily Le Figaro, Orascom's Chairman, Naguib Sawiris said that he was open to all options, including aquisitions.  more

Related Tags: orascom-telecom-holding, 3g-license, orascom, France


Merger Talks Emerge in Bangladesh Mobile Market

Two of Bangladesh's mobile operators may merge to try and stem ongoing losses in the market. Banglalink, owned by Egypt's Orascom Teleco, and Telekom Malaysia/DoCoMo joint venture, AKTEL are the two firms rumoured to be in talks, who between them would control just over 42% of the market.  more

Related Tags: banglalink, aktel, orasom-telecom, ahmed-abou-doma, telekom, orascom, Bangladesh


Fresh Talks Over Telekom Austria Sale

There are renewed rumours that the Austrian government is looking to sell its 27 percent stake in Telekom Austria - and named Egypt's Orascom Telecom as a potential bidder. The Egyptian firm has been named in several previous reports of a sale by the government.  more

Related Tags: orascom-telecom, telekom-austria, oeiag, weather, telekom, orascom, Austria


North Korean Network Expected to Launch Next Week

A new mobile phone network is due to be launched in North Korea next week - reports Radio Free Asia, citing a Chinese businessman operating in the country. However the report noted that the handsets are likely to be sold for US$700 - which is equivalent to roughly five months wages for most people.  more

Related Tags: cdma, orascom-telecom, gsm, orascom, Korea North


JP Morgan Advising on Telekom Austria Merger

The Austrian state investment company, OeIAG has reportedly hired JP Morgan to find a merger partner for Telekom Austria. The company's largest single shareholder is the Austrian government, though its holding firm, OeIAG.  more

Related Tags: orascom-telecom, orascom-telecom-holding, oeiag, weather, telekom, orascom, Austria


Orascom's Sawiris Steps Down as Mobinil Chairman

Egypt's Naguib Sawiris is to stand down as the Chairman of local mobile operator, Mobinil from the end of this month. The company's current CEO, Alex Shalaby will take over as Chairman and his role will be taken up by Hassan Kabbani - currently CEO of Algerian operator, Djezzy.  more

Related Tags: wind, france-telecom, mobinil, orascom, cairo, Egypt


Orascom Using Pyongyang's Ryugyong Hotel for Nth Korean 3G Network

Orascom Telecom - which is currently building a GSM/3G network in the secretive North Korea has apparently secured access to the mighty, if unfinished Ryugyong Hotel in Pyongyang. The company has been reported by the few foreign residents permitted into the country to be working on the very top of the 105 story building and installing equipment for its mobile network.  more

Related Tags: google, orascom-telecom, pyongyang, orascom, Korea North


Hutchison Whampoa: Not in Talks With Sawiris on 3 Italia

HONG KONG -(Dow Jones)- Hutchison Whampoa said Thursday it isn't in talks with Egyptian tycoon Naguib Sawiris on selling him its Italian mobile phone unit, 3 Italia.  more

Related Tags: wind, orascom-telecom, credit-suisse, 3, hutchison, hutchison-whampoa, orascom, Italy


Orascom Completes 3G Test Call in North Korea

Orascom Telecom has announced the successful completion of the first call on the CHEO network in North Korea. Orascom  says that the success of this trial network using WCDMA technology represents the first step in providing coverage throughout the country.  more

Related Tags: wcdma, orascom-telecom, orascom, Korea North


Orascom Expects 100,000 Customers in North Korea

Orascom Telecom says that it expects to sign up an initial 100,000 subscribers when it launches its new GSM network in North Korea. Speaking on a conference call, CEO Naguib Sawiris said that the service would start in three main cities in the country and the company will then pause to assess the impact.  more

Related Tags: orascom-telecom, orascom, Korea North


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